Sovereign Bank Checking Account $100 Bonus

From now till February 27th, you can get $100 bonus if you open a Sovereign Premier Checking, Business Owner Premier Checking, Interest Checking or Partnership Checking account with Sovereign Bank. However there are some strings attached. To get the bonus, you will have to

Open an account with at least $10 deposit;

Make at least 6 purchases with the Sovereign Check Card within 60 days;

The bonus will be credited 15 days after the 60-day period.

All four checking accounts bear interests, though not much. For Sovereign Premier Checking or Business Owner Premier Checking, the yield is 0.05% APY for balance up to $5,000 and 0.20% APY when balance is $5,000 or more. For Sovereign Interest Checking, the yield is at 0.05% APY. The Sovereign Partnership Checking Account earns 0.05% APY when balance is less than $2,000 and and 0.10% APY when balance is $2,000 or more.

Of course, all accounts are FDIC insured and its FDIC certificate number is 29950. Here are some basic information about Sovereign Bank from the FDIC:

Sovereign Bank has been FDIC insured since March 10, 1938.
It was established on January 1, 1907.
Its main office (headquarters) is located at:
840 Penn Avenue
Wyomissing, Pennsylvania 19610
County of Berks